WISeKey and Odin Spearhead the Establishment of an Innovative Semiconductor Center in Murcia; The Project Foresees a Financing of €60M for its Execution

Murcia, Spain , Feb. 29, 2024 (GLOBE NEWSWIRE) --  

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WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, digital identity, and Internet of Things (IoT) innovations, operating as a holding company, today announced that during a meeting held at the University of Murcia (UMU), attended by the Secretary of State for Telecommunications and Digital Infrastructures, María González Veracruz, the Rector Magnificus, José Luján, Professor Antonio Skarmeta, and representatives from leading Murcian companies a significant step was taken towards the consolidation of an ambitious project: the creation of a high-performance cybersecurity chip design and customization center in the Region of Murcia.

Antonio Skarmeta UMU professor, Mariola Guevara Government Delegate in the Region of Murcia, María González Veracruz Secretary of State for Telecommunications, José Trigueros CEO of OdinS, José Luján UMU Rector, Miguel Ángel Zamora UMU professor and Francisco Martínez CIO of TProtege.

This project, supported by the Government of Spain, is an initiative led by the UMU spin-off company, Odin Solution (“Odin”), and WISeKey, a globally recognized firm in the field of digital security. Both companies, along with T-Protege, have joined forces to develop a semiconductor center that promises to be an international benchmark in cybersecurity.

The collaboration between WISeKey, Odin, and T-Protege stands out for its innovative approach and its capacity to establish international partnerships, driven by its specialization in cybersecurity research projects. This approach has been crucial for the project's adherence to the financial instruments of the Strategic Project for the Economic Recovery and Transformation of Microelectronics and Semiconductors in Spain (PERTE Chip), an initiative of the Secretary of State for Telecommunications and Digital Infrastructures aiming to mobilize 12.25 billion euros by 2027.

The Secretary of State, María González Veracruz, expressed her satisfaction with the progress of the project, highlighting that "the Region of Murcia will become the epicenter of chip design and cybersecurity, marking a milestone in the digital industry and generating numerous qualified job positions."

The Rector of UMU, José Luján, emphasized the university's pride in contributing to the project, highlighting the importance of knowledge transfer to the private sector and public-private collaboration for the economic and social development of the region.